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Appraisal Institute
 
Awards


The Appraisal Institute Education Trust recognizes individuals that make significant contribution to the valuation profession.  Winners are recognized at the AI Annual Conference.

The Appraisal Institute Education Trust wishes to congratulate the 2017 honorees:
  • Y.T. and Louise Lee Lum Award: Michael V. Tankersley, MAI, SRA, AI-RRS, Lewisburg, TN 
  • George L. Schmutz Award:  Laurence A Hirsh, MAI, Conshohocken, PA
  • Dr. William N. Kinnard, Jr. Award:  Frank E. Harrison, MAI, SRA, Woodstock, IL
  • James H. Pritchett Award: J. Carl Schultz, Jr, MAI, SRA, Atlanta, GA


Y.T. and Louise Lee Lum Award
The Y.T. and Louise Lee Lum Award was established in 1963 and honors Y.T. Lum, a prominent member of the American Institute of Real Estate Appraisers, an internationally known speaker and authority on real estate, and his wife, Louise Lee.

The purpose of the Y.T. and Louise Lee Lum Award is to recognize one or more worthy individuals who have made a distinguished contribution to the appraisal profession during the immediate preceding year. The Y.T. and Louise Lee Lum Award is open to both Appraisal Institute individuals, as well as those that do not belong to the Appraisal Institute. The Y.T. and Louise Lee Lum Award is given in recognition of and great appreciation for the distinguished contribution* to the furtherance of the high ideals of the profession of real estate appraising and practices, mindful of the fact that this contribution was possible only through the zeal, uprightness, sacrifice, devotion, acumen and ability of the contributor.

Lum Award Requirements:
  • Please provide a letter of recommendation
  • A resume of the nominee
*"Distinguished contribution to the appraisal profession” means any activity which directly and measurably tends to advance the knowledge, education and techniques in the fundamentals, principles and practices in the appraising of real estate; to further enhance the high ethical and intellectual standards of the Institute; and to maintain and expand the important and honorable services, practices and functions of the real estate profession. 

Please submit all letters of recommendation and resumes to educationtrust@appraisalinstitute.org before the deadline.  The deadline for nominations for the 2017 program is closed.  The deadline for 2018 will be posted shortly.

For a list of past winners, click here.

George L. Schmutz Award
The George L. Schmutz Award was established in 1959 by the American Institute of Real Estate Appraisers “to recognize an outstanding technical manuscript or publication on real estate valuation regardless of the author’s occupation, affiliation or publisher.”

The award recipient is recommended by the Appraisal Institute Publications Review Panel to the AIET Trustees for approval.

For a list of past winners, click here.

Dr. William N. Kinnard, Jr. Award
The Dr. William N. Kinnard, Jr. Award was established by SREA to honor Dr. William N. Kinnard, Jr.

The purpose of this award is to recognize professionalism in education by a worthy academic instructor or administrator, or an individual or a program that contributed to the education, knowledge, professionalism or development of the real estate appraisal field.

The recipient is determined by the Trustees of AIET.

Nominations are received from the Education Committee and the AI education staff.

For a list of past winners, click here.

James H. Pritchett Award
The James H. Pritchett Award was created in 2002, in memory of the late James Pritchett. Each year, the award recognizes a Designated Member of the Appraisal Institute for outstanding contributions to the appraisal education or mentoring with a focus on litigation and condemnation. The ideal candidate is someone similar to Mr. Pritchett: exceptional work in teaching, writing, mentoring and professional practice in litigation support and eminent domain.

The AIET Trustees receive and review a nomination from Pritchett, Ball and Wise.


For a list of past winners, click here.